The lawsuit is associated with the need for & quot; Departments & quot; Russian business from a foreign holding company in response to anti-Russian sanctions, since the rights of the British Evraz PLC to assets in the Russian Federation were limited by the laws of the Ministry of Industry and Trade of the Russian Federation in the summer of 2025.
Such an initiative allows you to fix property rights, protect the assets from possible blocking/arrest and completely transfer corporate and financial control under Russian jurisdiction.
Probably, the debt arose due to the corporate loan, failure to fulfill the supply contracts, or the impossibility of calculations due to restrictions on international transfers in the conditions of sanctions.
in the future of the new Russian PJSC & quot; Evraz & quot; (legally - former & quot; Evraz NTMK & quot;) It is supposed to be placed on the Moscow Exchange, while the Evraz PLC shareholders will be able to directly get shares in the new structure.
This is a step to nationalization and internal control: it is about the concentration of management and capital in the Russian Federation, which displaces British jurisdiction and reduces dependence on foreigners decisions regarding corporate rights and financial flows.
& quot; Evraz NTMK & quot; actually uses a lawsuit as a mechanism for alienation of assets in order to complete the legal separation of the Russian part of business from foreign shareholders is a common practice in restructuring in the conditions of external restrictions. Evraz PLC to protect the interests of its shareholders and ensure the payment of legal expenses, is forced to apply to the British bodies for resolving such transactions - this reflects the system conflict jurisdictions and rupture of the old corporate structure.
in general, the lawsuit looks like a consistent and controlled restructuring for the preservation of Russian assets, long -term stability of the business and protecting the interests of investors within Russia - primarily to minimize sanctions pressure and risks of foreign corporate control.
